Are you a supplier of goods?  Or do you purchase goods from a supplier on a regular basis?  A number of court cases recently decided lend credence to the notion that buyers and suppliers of goods should enter into long-term supply contracts as opposed to engaging in the confusing and somewhat reckless “battle of the...Read More

Owners of all single-dwelling or multi-dwelling rental property in the City of Evansville are reminded of the requirement to register their properties with the Evansville-Vanderburgh County Building Commission every year in accordance with Ordinance G-2014-29. Rental property registration can be done online or in person with the Evansville-Vanderburgh County Building Commission Office. There is a cost...Read More

Recent changes to an Indiana law affect how condominium associations collect unpaid assessments when a unit is sold. The buyer of the condominium has to make sure the prior unit owner has paid all of the assessments or the condominium association has the ability to file a lien against the buyer’s newly-acquired condo. Prior to July...Read More

Due to a recent decision by the Indiana Tax Court in Joseph and Jeanne Hutcherson v. Robin L. Ward, Hamilton County Assessor, Indiana taxpayers may petition to correct errors under Indiana Code 6-1.1-15-12 relating to their property tax assessment beyond the former three (3) year limitation period. The Indiana Tax Court itself noted that its...Read More

An “all requirements” supply contract (a.k.a purchase order, purchase contract) binds the purchaser to buying all of its needs for a specified product exclusively from the supplier. Likewise, the supplier, in turn, agrees to fill all the purchaser’s orders during the term of the Agreement. In this ever-competitive but limited source global marketplace, suppliers often...Read More

The deadline for registering residential rental property located in Evansville, Indiana, is this Friday, May 31, 2013 (tomorrow).  Failure to register subjects an owner to a civil penalty of One Hundred Dollars ($100) for each violation. Each day that such violation continues shall constitute a separate violation. As you may recall, in February, the Evansville City...Read More

On Wednesday, February 27, 2013, the Evansville City Council unanimously passed Evansville City Ordinance No. G-2013-3 (the “Ordinance”) requiring an owner of “Residential Rental Buildings” to register with the Evansville City Clerk. The registration requires an individual owner to provide certain personal and contact information, and if the owner is an entity, to provide additional...Read More

The “favored nations” (most favored pricing) clause in supply agreements is employed to contractually bind product suppliers to price reduction adjustments based on the price the products are sold to other customers.  These clauses, sometimes overlooked as harmless, are often hidden in pricing adjustment or other innocuous provisions of a supply agreement. The favored nations...Read More

The Indiana Department of Local Government Finance (“Department”) completed its statewide, general reassessment of all real property in Indiana on March 1, 2012. This reassessment, the first since March 1, 2002, will have a significant impact on the assessed value of real property in Indiana through its influence on assessor cost tables and individual counties’...Read More